CAI 0.00% 11.5¢ calidus resources limited

Ann: Change in substantial holding from ALK, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2 Posts.

    Rusty, I don't follow your logic regarding Alkane selling.  Why would they sell while accumulating, especially if, as is likely, the combined effect of buying and selling x shares leaves the price unchanged.  All they achieve is to line the broker's pockets.


    The pattern of their buying looks like spare cash buying.  Nonetheless, it possibly telegraphs a continuing interest in accumulation that might result in the cash earmarked for the abandoned purchase coming Calidus' way.


    I wonder what is in DR's mind as up to now he has seemed to want Calidus independent.  Perhaps it is a clever way of gaining funding.

 
watchlist Created with Sketch. Add CAI (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.000(0.00%)
Mkt cap ! $93.67M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
CAI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.